PITTSBURGH-- Evoqua Water Technologies (NYSE: AQUA), an industry leader in mission-critical water treatment solutions, today announced that it received the Frost & Sullivan's 2021 Global Company of the Year Award for sustainability in the water technology market. The company was honored because of its next-generation technologies and pragmatic approach to sustainability, which are supported by its commitment to innovate and support environmental and social impact.
In selecting Evoqua for this award, Frost & Sullivan's global team of analysts evaluated growth opportunities across multiple industries, technologies, and regions to identify companies that consistently develop new growth strategies based on a visionary understanding of the future, and, thus, more effectively address new challenges and opportunities.
Fredrick Royan, Vice President at Frost & Sullivan, states that "Over the past century, Evoqua has carefully built a reputable brand that embodies quality, safety, and reliability. Renowned for its expertise in removing impurities from water, it collaborates with customers to deliver industry-first innovations, tailored solutions, and sophisticated services to address full lifecycle customer needs related to SDG 6."
Frost & Sullivan highlighted Evoqua's implementation of sustainable processes throughout its corporate governance structure and into its business model, differentiating itself through its strategies, operations, and water sector impact. Additionally, Frost & Sullivan cited Evoqua's ability to "grow its leadership position by continuously innovating and creating new products and solutions that serve ever-evolving customer sustainability goals."
"Our dedication to sustainability and our promise for a better tomorrow is deeply rooted in Evoqua. Enabling a more sustainable water system for future generations is both our opportunity and our responsibility," said Ron Keating, Evoqua's Chief Executive Officer. "We are proud to be recognized by Frost & Sullivan for the positive impact we make for our customers each day and deliver on our brand promise of Transforming Water. Enriching Life."
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. To learn more, visit www.frost.com.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 150 locations across nine countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life®.
About DESOTEC
DESOTEC, founded in 1990, is the leading European provider of mobile filtration solutions through a unique and circular service concept, which helps protect the planet by enabling clean water, air, and soil. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. Through in-depth expertise of industrial applications and continuous investment in mobile filters, reactivation capacity and well-positioned hubs, DESOTEC ensures that the industry can meet the increasing regulations for a better and cleaner environment. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at www.desotec.com.
About Blackstone
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $951 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com.
